238 S 5th Street Reading City, PA 19602
Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Pagoda Realty & Property Mgmt

  238 S 5th Street Reading City, PA 19602

Active (5 Days)
$879,900 (USD)
9
BED
9
BATH
6,206
SQFT

Description

Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units — a front building with seven units and a rear building with two units. Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify). With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand. Whether you’re looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability. Bring an offer! Motivated seller—room to negotiate with a fair and reasonable offer.

Buyer to Verify Measurements and Square Footage.

MLS #:
767495
Taxes
$10,497
Lot Size
6,098 SQFT
Type
Single-Family Home
Year Built
1900
Style
Victorian
School District
Reading
County
Berks County
Community
Not In Development

Listed By

Craig Stringer, Pagoda Realty & Property Mgmt
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Nov 8 2025 at 3:27 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 9
Interior Features
  • Gas Water Heater
  • Gas Oven
  • Microwave
  • Refrigerator
Subdivision
  • Not In Development
Heating and Cooling
  • Gas
  • Wall/Window Unit(s)
Basement Information
  • Full
Exterior Features
  • Roof: Other
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • No Garage
Living Area
  • 6,206 sqft
Location
   
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Estimated Monthly Mortgage Payment

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